Did you know AutoZone is the nation 's leading retailer and a leading distributor of automotive replacement parts and accessories? Remarkably, as of February, they have 5,635 stores in the United States, Puerto Rico, Mexico, and Brazil (Whitfield, 2016). Currently, AutoZone operates eight distribution centers in the United States compared to around 28 facilities of one of its major competitors (Meek, 2016). Additionally, each store carries a comprehensive line of products for cars, sport utility vehicles, vans, and light trucks (AutoZone, 2016). Financially, they are doing well and since opening their first store on July 4, 1979, they joined the New York Stock Exchange (NYSE: AZO) and earned recognition from the Fortune 500 list (AutoZone, Competition is stiff in the Specialty Retail Industry and AutoZone is not short of reputable and aggressive competition. Notably, their primary competitors are AutoNation, CarMax, Genuine Parts Company, and O’Reilly Automotive (NASDAQ, 2016). Indeed, the sale of automotive parts, accessories, and maintenance items is highly competitive in the areas of name recognition, product availability, customer service, store location, and price (CSI, 2016). Comparatively, AutoZone competes in the aftermarket auto parts industry, which includes both the retail “do it yourself” and commercial “do it for me” auto parts and products markets (CSI, 2016). In addition to the retail chains named, other competitors include independently owned parts stores, online parts and retail stores, wholesale distributors, repair shops, car washes, auto dealers, discount and mass merchandise stores, department stores, hardware stores, supermarkets, drugstores, convenience stores, and others that sell aftermarket vehicle parts and supplies, chemicals, accessories, tools and maintenance parts (CSI, 2016). Primarily, AutoZone competes on the basis of customer service; trustworthy advice of AutoZoners; merchandise quality, selection and availability; price; product warranty; store layouts, location and convenience; and the strength of the AutoZone brand name, trademarks, and service marks (CSI,
CarMax practices several services including extended service plans, wholesale auction, service and repair, and auto finance. CarMax also attracts the customers through wide-range of selections, low price, and high quality. These activities result the high customer satisfaction which is the most important aspect for its growth. According the case, Austin Ligon, who was the CEO of CarMax until the year of 2006, said that the information system of CarMax is the one of their biggest competitive advantages. The information system provides the inventory demands and helps to keep track on the customer needs and wants through the customers’ online searches. This allows the company to understand the customers’ demands. Even though CarMax has potential to continue its growth, there is a weakness which could be an obstacle for growing. CarMax offers no haggling prices so depends on the customers’ behavior about negotiating, the customers who wants to negotiate will return to other
Hertz operates its car rental business through various brands in 145 different countries. Hertz was named, for the thirteenth time, by Travel + Leisure readers as the Best Car Rental Agency (Hertz Annual Report, 2013). Hertz is one of the top companies in the car rental industry by obtaining 18.6% of the market share (IBISWorld, 2014). In addition to the leading position that Hertz has built within its industry, the focus was to add more value offerings while recreating the experience in car rentals across the globe. Hertz employs both growth and competitive strategies to sustain competitiveness.
Offering consumers access to an extensive inventory online along with warranties, service, financing, appraisals, and add the consumer’s ability to sell the car to the dealership is CarMax’s brand. CarMax needs to continue to leverage their competitive strengths while making sure they offer the best-priced cars to the very competitive used car buying consumer. While it may be attractive to CarMax to enter new car market, they risk losing the ability to conduct their business model as manufacturers have various rules and contract requirements to carry the Chevrolet, Buick, Cadillac, Honda, or Toyota product lines. With this, they risk losing their brand recognition and identity with their consumers. Additionally, costs associated with buying an existing dealership with inventory and various licensing and franchising fees have the potential to drive up costs and therefore threaten their ability to price
According to Pep Boys, (2015), a third concept known as Express Service Parts allows Pep Boys to sell automotive parts to the professional installer. This concept began in the mid-1990s (Boys, The Pep Boys--Manny, Moe & Jack SWOT Analysis, 2015). Consequently, with this third concept, Pep Boys is able to keep up and exceed their competition’s standards for customer service. The stakeholder values center around a culture of fair play and honest business dealings in the day by day operation of the company. The stakeholders are as follows; Ichan Enterprises, which hold a major part of Pep Boys stock, stock holders, as well as the supply warehouses that resupply Pep Boys with auto parts (Schaefer,
The task of this assignment is to complete a competitive analysis of two of the largest competitors in the industry of chosen study. This researcher’s chosen field is the Car Wash industry. Unlike many industries, the Car Wash industry does not have dominant players or franchise names that rule across the country. Unlike other automobile related industries such as oil change (Rapid Oil Change), tires and batteries (Goodyear), and auto parts retailers (NAPA), where these types of name players may have thousands of locations throughout the country, there are no big name players in the Car Wash industry. Although there are companies that own and operate multiple car wash facilities, most of these multi-location owners operate multiple locations throughout a metropolitan or regional area and their overall location totals are nominal. Since there is a lack of dominant competitors to analyze, this researcher will focus on an analysis between the two main categories of car wash ownership: full service vs. unattended operations.
The automotive industry is one of the most important sectors of the economy for every country in the world. It involves a large number of corporations and institutions engaged in the manufacturing process of motor vehicles including designing, developing, manufacturing, marketing, and selling. It contributes to the global economic growth by generating a significant return and creating a ripple effect on supporting the supply chain as well as providing job opportunities for the skilled workers (ACEA, 2016).
delivery companies, mechanics and many more persons . By buying these used auto parts we shall be
AMTEK AUTO STARTED with a clear strategy to acquire companies with strong customers in developed markets and those with strong manufacturing base in the domestic market. Amtek has focussed on growing its expertise in specific components then vertically integrating and expanding their production capacities. Its focus on value added and machined components now accounts for more than 67% of its sales.
Harley-Davidson, Inc. (NYSE: HOG, HDI formerly) is one among the top heavyweight motorcycle manufacturers worldwide. It manufactures heavy motorcycles and is US-based (Milwaukee, Wisconsin to be exact). Harley-Davidson is a parent company of a group of companies – inclusive of the Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The company makes sales of over 750cc class motorcycles made for cruising on highways; it offers over 30 models of motorcycles for touring alongside custom-made Harleys via a network spread across the world comprising over 1,600 dealers across 6 continents. The company’s motorcycles are uniquely designed – their designs along with exhaust notes are distinct. More so, they are noted for their being heavily customized; the customization brought about the chopper motorcycle style. Harley-Davidson as a brand has been and still does attract a loyal (brand) community, with the Harley-Davidson’s logo licensing accounting for approximately 5% of the net revenue of the company (41 million US Dollars in 2004). Its range of products in the United States is priced between 8,100 and 31,000 US Dollars. Annual sales for 2012 in total were 5.6 billion US Dollars, with net income at 624 million US Dollars, or 11% of the sales. The US is its major market (68% of the sales) with the rest predominantly done across western countries. It is dominant in the US, with a 60% market share. There are limited sales in the developing countries. Worldwide, Harley-Davidson has a market share of 35% for the heavy motorcycles with an engine displacement of over 651 cubic centimeters (cc), whereas BMW, the second largest maker, has a 20% market share, approximately. Besides the design, manufac...
Where there is rapid growth comes increased competition; similarities in products across manufacturers have reduced brand differentiation across the board. The problem now is the severe rise of copycat companies and manufacturers that copy designs and specifications of cars, and proceed to undercut the original manufacturer’s profit margins. So to improve their brand standing, every manufacturer’s individually have resort...
Significant production and distribution network Toyota’s CCC21 strategy allows them to see a steady increase in their production and sales. As previously stated, in Fiscal Year 2012, the company produced and sold a combined total of 17.4 million vehicles worldwide. Their opportunities throughout their geographic locations (53 manufacturing locations within 28 countries and regions) in addition to their capabilities reach a plethora of customers (vehicles sold in more than 170 countries and regions), thus increasing their revenue. (Worldwide operations, 2016) Weaknesses Automotive recalls Toyota had a decline in sales from 2008 to 2011, and a portion of that reason was due to recalls.
(4) Abel, Ivan, Maali Ashamalla, and Robert Camp. Competitiveness of the US Automotive Industry: Past, Present, and Future. Rep. 2nd ed. Vol. 10. Indiana: American Society for Competitiveness, 2010. Print.
In Moonka Auto, Ashok Agarwal faces many challenges regarding the recruitment of salespersons. There is poor advertising, low supply of workers, ineffective interviews, lack of strategic planning, maintain employees, other parts of the business affected by the ineffective process, and ineffective planning of new location.
Moreover, they need new technology to help to reduce time of delivery, for example the pizza made in the store but can be cook in vehicles while delivery thus the customer will receive fresh pizza from oven as well as reduce delivery time. In addition, this is because the driver then to drive fast and broke the rules lead to accident. Hence, they need to improve on the diver safety and regulation, in order to make sure the company reputation is good so, that law suit case is not charge on them. If this happens it will cause a big loss.